External Trade

External Trade Performance : March 1998

The total trade in goods for the first quarter increased by 6.8 percent to $14.854 billion from $13.905 billion last year. Expenditures for imports dipped by 4.3 percent to $8.038 billion from $8.400 billion a year ago. Exports, on the other hand, grew by 23.8 percent to $6.816 billion from $5.505 billion. The resulting balance of trade in goods (BOT-G) for the first quarter stood at $1.221 billion, which was 57.8 percent lower than $2.895 billion in 1997.

External Trade Performance : February 1998

Total trade in goods for the first two months of 1998 amounted to $9.765 billion, an increase of 8.9 percent over $8.969 billion recorded during the same period in 1997. Payments for imported goods went down by 0.8 percent to $5.423 billion from $5.464 billion while receipts from exports increased by 23.9 percent to $4.342 billion from $3.505 billion. The balance of trade in goods (BOT-G) deficit narrowed down by 44.9 percent to $1.080 billion from $1.960 billion last year.

External Trade Performance : January 1998

Merchandise trade for the first month of 1998 reached $4.947 billion, which was a 9.2 percent increase from the year-ago level of $4.530 billion. Export receipts went up by 25.0 percent to $2.115 billion from $1.692 billion a year earlier while import payments dipped by 0.2 percent to $2.832 billion from $2.838 billion. The balance of trade in goods (BOT-G) was $717 million, which dropped by 37.4 percent from $1.146 billion in January last year.

External Trade Performance : December 1997

Total merchandise trade for the whole year of 1997 increased by 15.5 percent to $61.164 billion from $52.970 billion in 1996. Export earnings rose by 22.8 percent to $25.228 billion from $20.543 while imports went up by 10.8 percent to $35.936 billion from $32.427 billion. The 12-month resulting balance of trade in goods (BOT-G) decreased by 9.9 percent to $10.708 billion from $11.884 billion last year.

External Trade Performance : November 1997

Total merchandise trade from January to November amounted to $55.863 billion, up by 15.5 percent from $48.369 billion last year. Payments for imported goods grew by 10.6 percent to $32.866 billion from $29.709 billion while receipts from exports rose by 23.2 percent to $22.997 billion from $18.660 billion. The 11-month balance of trade in goods (BOT-G) narrowed by 10.7 percent to $9.869 billion from $11.049 billion in 1996.

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